The California semiconductor maker with major operations in Austin disclosed Friday the target value of the award will be converted into performance-based restricted stock units, time-based restricted stock units and options. The compensation and leadership resources committee for AMD (Nasdaq: AMD) approved the changes effective July 1 in tandem with $2 million equity awards to four company executives, according to a filing with the U.S. Securities and Exchange Commission.While AMD's financials are still poor, the company's stock price has seen significant appreciation this year as investors are speculating on a turnaround.
AMD CEO gets a pay raise
Posted on Saturday, July 02 2016 @ 13:15 CEST by Thomas De Maesschalck